How to Stake PIVX (PIVX) in the UK

Introduction

Staking PIVX can be an excellent option for those who wish to hold PIVX while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain PIVX (PIVX) Tokens

   To stake PIVX, you need to possess it. To obtain PIVX, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Binance	PIVX (PIVX)	0.12
   Bitmart	PIVX (PIVX)	0.12
   CoinEx	PIVX (PIVX)	0.12
   Gate.io	PIVX (PIVX)	0.16
   LBank	PIVX (PIVX)	0.34
   MEXC Global	PIVX (PIVX)	0.12

   View all 12 prices

2. 2. Choose a PIVX Wallet

   Once you have PIVX, you'll need to choose a PIVX wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   MyCointainer	PIVX (PIVX)	Up to 6.5% AER

3. 3. Delegate Your PIVX

   We recommend using a staking pool when staking PIVX. It's simpler and quicker to get started. A staking pool is a group of validators who combine their PIVX, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the PIVX network. You will be rewarded with PIVX for these validations.

What to Be Aware Of

There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.